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InterGlobe Aviation Ltd, which operates Indigo airline, has decided to set the "indicative price band for the IPO at between Rs.700 and 765 per share".

29 Feb 2016

IndiGo to get A320 Neo in March 2017

IndiGo, India's biggest carrier by market share, said it will get the first of its ordered Airbus A320 Neo aircraft by March 2017.

The airline has a total of 430 of the planes on order from the European plane manufacturer.

IndiGo has also entered into leases for 7 more used A320 aircraft which will be inducted between March and November of 2016.

30 Apr 2016

InterGlobe Aviation profits rise 53%

InterGlobe Aviation, the parent company of IndiGo airlines has posted a 53% rise in profits in 2015-16.

The company reported a record net profit of Rs.1,990 crore and a 16% rise in revenue to Rs.16,601 crore.

The fall in global oil prices helped boost its profits.

IndiGo's market share rose to 38.4% of passenger traffic in March'16 from 35.6% in December'15.

06 Oct 2016

IndiGo augments capacity for 883 flights/day

IndiGo has augmented its flight capacity by adding 47 new flights on its existing route network. IndiGo had recently added new aircraft to its fleet as well. This has taken IndiGo's daily flight operations to 883 flights per day.

Cities like Delhi, Kolkata, Mumbai, Chennai, Bhubaneswar, Lucknow, Guwahati and Patna will see more connectivity due to increased flight frequency.

06 Feb 2017

IndiGo security training centre under scanner

The Bureau of Civil Aviation Security has temporarily suspended the license of IndiGo's security training centre after it found rampant malpractices in conducting security exams for IndiGo crew.

BCAS chief Kumar Rajesh Chandra said "the airline will have to stop security training...till corrective measures are put in place."